[House  of  Representatives.] 
[Bj  Mr.  Simpson.] 

A.MEND  MEN  T 

To  the  Bill  to  provide  more  effectually  for  the  reduction  and 
redemption  of  the  currency. 

1  Section        That  for  the  year  1865,  in  addition  to  the  one-tenth 

2  now  required  by  law  to  be  paid  as  a  tax  in  kind,  one  other  tenth 

3  of  the  several  products  taxed  in  kind  as  aforesaid,  shall  be  ascer- 

4  tained  and  collected,  as  is  now  provided  for  the  collection  of  said 

5  tax,  which  said  additional  tenth — except  that  of  bacon — shall  be 

6  used  by  the  Secretary  of  the  Treasury  in  the  redemption  of  the 

7  present  currency,  as  follows  : 

8  First.    Soldiers  and  their  families,  either  through  themselves, 

9  or  through  County  and  State  associations,  acting  for  their  benefit, 

10  shall  be  allowed  until  the  first  of  June  next,  to  convert  the  pre- 

11  sent  currency  held  by  them  (new  issue)  into  Treasury  certificates, 

12  as  provided  in  this  act,  either  at  the  Treasury  or  at  the  office  of 

13  any  of   the   Bepositaries  thereof — upon  which  certificates  they 

14  shall  be  entitled  to  secure  the  tithes  aforesaid  at  the  schedule 

15  prices  in  the  difi'ercnt  States,  fixed  by  the  commissioners  under 

16  the  impressment  act,  under  rules  and  regulations  to  be  proscribed 

17  by  the  Secretary  of  the  Treasury,  and  in  such  way  that  upon  no 

18  certificate  shall  there  be  paid  more  than  one-third  in  wheat,  one- 

19  third  in  corn,  and  the  remainder  in  such  products  as  the  Secretary 


2 

20  shall  prescribe— and  also  that  the  amount  received  shall  be  for 

21  consumption  alone,  and  not  for  re-sale. 

22  Second.    Should  the  tithe  not  be  exhausted  as  above,  then,  for 

23  the   further  redemption  of  the  currency,  the  Secretary  of  the 

24  Treasury  shall  be  authorized  to  dispose  of  the  remainder  to  such 

25  citizens  as  may  desire  the  same  for  consumption  and  not  for  re- 

26  sale  at  the  following  rates,  to  wit :  cotton  at      ^        per  pound; 

27  wheat  at  per  bushel ;  corn  at               per  bushel ;  tobacca 
26  at                per  pound,  and  the  other  products  at  corresponding 

29  prices  to  be  fixed  by  him.    And  after  the  first  ol  June  he  may 

30  dispose  of  certificates  to  citizens,  to  be  realized  in  said  tithes,  at 

31  these  prices. 

1  Sec.        The  certificates  hereinabove  provided  for,  shall  be 

2  redeemed  upon  presentation  to  the  Post  Quartermasters  charged 

3  with  the  duty  of  collecting  said  tithe,  under  rules  and  regulations 

4  to  be  preaeribed  by  the  Secretary  ef  the  Treasury,  so  that  those 

5  obtained  in  each  County  and  State  shall  be  redeemed  in  said 
(  County  an4  State  where  go  obtained,  as  far  as  practicable. 


